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garnishee

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
gar·nish·ee  (gärn-sh)
n.
A third party who has been notified that money or property in his or her hands but belonging to a defendant has been seized by legal writ.
tr.v. gar·nish·eed, gar·nish·ee·ing, gar·nish·ees
1. To seize by garnishment: garnishee a debtor's wages.
2. To serve with a garnishment: garnishee an employer.

garnishee [ˌgɑːnɪˈʃiː] Law
n
(Law) a person upon whom a garnishment has been served
vb -nishees, -nisheeing, -nisheed (tr)
1. (Law) to attach (a debt or other property) by garnishment
2. (Law) to serve (a person) with a garnishment
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.garnishee - a wage earner who is served with a garnishment
earner, wage earner - someone who earn wages in return for their labor
Verb1.garnishee - take a debtor's wages on legal orders, such as for child support; "His employer garnished his wages in order to pay his debt"
confiscate, impound, sequester, seize, attach - take temporary possession of as a security, by legal authority; "The FBI seized the drugs"; "The customs agents impounded the illegal shipment"; "The police confiscated the stolen artwork"


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This will allow the board to obtain a judicial order, which will further permit them garnishee assets.
The money owing to the debtor is "seized" by serving a garnishee summons on the third party.
She also noted that "because attorneys and their trust accounts are subject to the same provisions of the garnishment statute as any other bank or nonbank garnishee, we cannot discern a principled basis for holding that funds located in an attorney's trust account warrant any greater protection from creditors than funds located in the client's personal account.
 
 
 
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